Board Considered and approved the following agendas: 1. Issue of Call Letters to remaining warrant holders 2. Taking effect from 10th December 2025 the shifting of Registered office ....
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Awaiting price reaction for this filing.
Regency Fincorp's board approved several items in a single meeting. It changed Mr. Sarfaraz Mallick's designation from Executive Director to Whole Time Director, effective 10th December 2025. The board set up a new 'Green Bond Committee' with five members, chaired by Managing Director Mr. Gaurav Kumar, to identify green projects. It also confirmed the shift of its registered office to Unit No. 6, Upper Ground Floor, LA MER, Airport Road, Zirakpur, Punjab, effective the same day. The company will issue call letters on 11th December 2025 to remaining warrant holders asking them to pay the balance 75% of the issue price for warrants allotted on 28th December 2024, which will lead to equity dilution upon conversion. Lastly, the board approved acquiring 100% of newly incorporated Regency Fin Technology Limited for ₹10 lakh (1 lakh equity shares at face value), making it a wholly owned subsidiary in the financial services auxiliary business, to be completed within 180 days.
The subsidiary acquisition is small at just ₹10 lakh, so financial impact is minor, but it signals expansion into financial services auxiliaries. The warrant call money exercise, once converted, will dilute existing shareholders by issuing new equity shares. Overall, this is a housekeeping plus growth-initiation update with limited immediate price impact.